Keep following to the H&S Pattern

Morning folks,

To be honest, not too many things to talk about. We've prepared our scenario with H&S is still valid. Reaction to GDP numbers was quite welcome as it set the right arm's bottom. The only thing that we have to be busy with is to control its validity - reaching of the neckline and price standing above 116 lows and right arm.

At the first signs that market is start falling back - do not take any new longs. H&S failure is also the pattern and in this case we get deeper correction. But daily chart still makes me think that bullish context is here